Tax Deductions

Helpful Info For Business Owners

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February 20, 2019
Intuit study business expenses

Study Reveals Obstacles for Self-Employed

Starting a small business or deciding to leave the 9 to 5 and become self-employed brings about a whole new set of challenges and responsibilities. One […]
February 12, 2019
New Tax Law Eliminates Deductions

Tax Law’s Muddy Waters Begin to Clear

The new tax law is now beginning to hit home for both wage earners and business owners. Depending on media spin the new law is either […]
January 10, 2019
Tax Law Changes 2018

You Can Still Deduct This from 2018, But Not That

2019 will ring in the New Year with significant changes for tax payers. Whether you get a W-2 or 1099-Misc there are some things you should […]
July 3, 2018
Sole Proprietorship vs Limited Partnership

Sole Proprietorship or Partnership?

Starting a business is both an exciting and nerve-racking time. Exciting due to the prospects of success and possible financial security and freedom. Nerve-racking because there […]
February 28, 2018
Cryptocurrency and taxes

How Might Cryptocurrency Effect Your Tax Bill?

by Jamie Hopkins, Forbes Contributor Cryptocurrencies are all the rage today, but come tax season they might only cause you rage. The reality is that one […]
February 12, 2018
Tax Cuts and Jobs Act

Independent Business Owners and the New Tax Law

It’s still early in 2018, but the Tax Cuts and Jobs Act passed at the end of last year seems to be having a positive effect […]
October 5, 2017
Pay Stub

See If These 3 Tax Errors Are Hiding in Your Paycheck

By Tina Orem – nerdwallet.com for Deductr Blog Scrutinizing your pay stub sounds about as fun as burning your tongue, but in this case the pain […]
August 14, 2017
Tracking Business Expenses

Here’s Why It Pays to Track Every Tiny Business Expense

Is it important to track each and every one of your business expenses? Ask that question to any financial expert, and I’m sure that across the board they’ll […]
July 5, 2017
Expense tracking doesn't have to be painful

How to Make Managing Business Expenses Less Painful

By Jim McKinley – An accounting ledger, a financial business plan, and a tax form – what do these have in common? For many small business […]
June 6, 2017
Tax Audit

I Got an Audit Notice – Now What?

by Tina Orem – NerdWallet.com It’s unlikely that you’ll be audited — the IRS audits less than 1% of the tax returns it receives. BUT…If an […]
January 26, 2017

Self Employed? Here are 13 Ways to Reduce Your Taxes

Working for yourself can be very fulfilling, but it requires attention to detail — especially when it comes to your taxes. The tax challenges of self-employment […]
December 1, 2016

What Your CPA Wishes You Knew About Paying Taxes

Every March taxpayers start digging through receipts, nervously checking the mailbox for 1099s that haven’t arrived yet, and trying to remember exactly how much they gave […]